Our market development work is important to achieving our statutory objective to promote competition in, reliable supply by and the efficient operation of the electricity industry for the long-term benefit of consumers.

If an anomalous event or outcome occurs in the market or the broader electricity sector, we investigate it to determine the causes and whether something can or should be done to prevent such an event or outcome from occurring again.

What does the Authority do?

We monitor the electricity market. We keep track of what is causing price increases. In recent years price increases have mostly been caused by increases in the monopoly parts of the sector (distribution and transmission). We also manage the What’s My Number website which lets you quickly compare retail brands.